Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. aapl just paid its annual dividend in the amount o

AAPL just paid its annual dividend in the amount of $6.65 per share. AAPL CEO...

70.2K

Verified Solution

Question

Finance

AAPL just paid its annual dividend in the amount of $6.65 per share. AAPL CEO just announced plans to increase annual dividend by 15 percent a year for the next four years and then keep the growth rate constant at 2.5 percent per year thereafter. What is the current value of one share of AAPL if the required rate of return is 12.4 percent?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A cereal company issues coupons that can be exchanged for boxesof cereal. It issues...

Accounting
Q

Explain the relevance of Specialisation of tasks as propounded by Adam Smith with a relevant example...

Economics
Q

For the given cost function C z 78400 800x 1 First find the average cost...

Basic Math
Q

The diameter of mandarin oranges on John s orchard follow a normal distribution with a...

Statistics
Q

information to give a 95 confidence interval In addition give notation for the parameter being...

Statistics
Q

jessica replaces letters in the calculation SW-EE+T with numbers 5,11,13,18,19 and then calculates the result....

Algebra
Q

#1 To facilitate decision-making, fixed expenses should be expressed on a...

Accounting
Q

Sheridan Company reports the following operating results for the month of...

Accounting
Q

Students are to replicate table 12-1 in our textbook and show their formulas in excel...

Accounting
Q

PE 23-1B Direct materials variances Now you try it! Type your answers in the space...

Accounting
Q

Z corporation owed the following notes payable, which will mature during the coming year. The...

Finance
Q

1. Seenekler Arama seenei nedir? Satm seenei mi? Hangi koullar altnda satn almak isteyebilirsiniz? her...

Finance